the sequester that president obama promised us would never happen. listen just a few months ago. >> first of all, the sequester is not something that i proposed. something that congress has proposed. it will not happen. >> i don't know, that could be the one election promise the president fails to keep. the sequester a part of the decision on march 1st. what happens if the sequester happens? >> well, in fairness, i think that clip was about that the sequester would not happen on january 1st because he was saying they would be able to reach some kind of agreement. they reached an agreement to kick things down the road. >> he didn't say january 1st. he said the sequester will not happen. okay, but go ahead. >> well, you took only a two-second clip out of a speech and press conference, which was all about -- >> it was a debate. >> a run up to january 1st. look, the reality is, we know that over the long run we've got to bring the fiscal position more in line. and the debate is about how much will be of cuts to discretionary, how much on entitlements and